Democratic House Threatens Trump’s Business Agenda

GOP expected to face hurdles on issues from taxes to trade

The Democratic Party’s success in capturing the House of Representatives is expected to complicate President Trump’s push to negotiate new trade deals and cut regulation for industries such as autos and energy, policy analysts and market strategists say.

“You’re not going to see any further major legislative changes. There’s not going to be another tax cut and no major policy revisions for business,” said Terry Haines, senior political strategist at brokerage Evercore ISI. “But at the same time, nothing passed under Trump...

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